Coin On Money Trusts And Imperialism

Cover Coin On Money Trusts And Imperialism
Coin On Money Trusts And Imperialism
W H William Hope Harvey
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And in this way 99 per cent of the people in a nation may be reduced to 62 MONEY, TRUSTS, IMPERIALISM.
tenantry, with the other one per cent of the people, wlio have loaned the money, owning the property. You will then have a nation full of tenants and dependants.
"The other way in which financial laws may bring about a similar condition is laws demonetizing or discrediting any portion of the currency v/ithout a substitute therefor, causing confusion and contraction of the supply.
"It has been
...a custom to have different forms of money. For centuries money was made from two metals — silver and gold — and the supply of money depended on the pro- duction of these two metals. It was only recently that it was discovered that money could be made by a govern- ment using paper. This is done by printing a promise of the government on the paper used, agreeing to receive it again in the payment for taxes or anything due the gov- ernment. This makes a demand for it. Two billion dol- lars can be thus used in this country annually.

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